Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Landlord’s Operating Expenses shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building.
Blanket and self-insurance. All insurance described in -------------------------- Sections 13.1 and 13.4 may be obtained by Tenant by endorsement or equivalent means under its blanket insurance policies, provided that such blanket policies fulfill the requirements specified herein. With respect to the insurance described in Section 13.4, the deductible or self-insured retention limits shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) (to be increased on the fifth (5th) anniversary of the Commencement Date and every subsequent fifth (5th) anniversary thereof by an amount proportionate to the percentage increase in the GDP Deflator over the preceding five (5) year period) or such other amounts, with Landlord's consent, that Tenant may reasonably deem from time to time be more prudent in light of the then current practices with respect to insurance costs and premiums; provided that, with respect to earthquake insurance, the deductible shall be no higher than 10% of the building cost. As to all insurance described in Section 13.1, deductible limits or self-insured retentions shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) (to be increased on the fifth (5th) anniversary of the Commencement Date and every subsequent fifth (5th) anniversary thereof by an amount proportionate to the percentage increase in the GDP Deflator over the preceding five (5) year period) or, with respect to "high hazard classification" (as such term is customarily understood in the insurance industry), such other amount as may then be required by responsible insurance companies for similar properties and risks.
Blanket and self-insurance. The provisions of this Section 8.12(c) shall be in force and effect only so long as the holder of Landlord’s interest is an entity affiliated with Boston Properties Limited Partnership. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance (any such coverages or insurance programs being referred to herein as “Landlord Self-Insurance”), and in such event Landlord’s Operating Expenses shall, subject to the next following sentence, include the portion of the cost of blanket insurance or self-insurance that is allocated to the Building. Landlord hereby agrees, however, that: (i) where Landlord Self-Insurance covers risks which can be insured under insurance policies which are then generally available, the cost included in Landlord’s Operating Expenses on account of such Landlord Self-Insurance shall not exceed competitive rates, and (ii) where Landlord Self-Insurance covers risks which cannot be insured under insurance policies which are then generally available, then cost included in Landlord’s Operating Expenses on account of such Landlord Self-Insurance shall be a reasonable cost.
Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Operating Expenses for the Building shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building to the extent permitted by this Lease. Any undertaking by Landlord to self-insure pursuant to this Section shall not relieve Landlord from any of Landlord’s other obligations under this Lease, nor shall it serve to materially adversely affect Tenant. The rights and obligations of Tenant shall remain the same as if Landlord had obtained and maintained separate insurance from an independent institutional insurer of recognized responsibility for the coverages as provided herein, including the application of the waivers and releases in Section 13.13 hereof. Landlord shall be liable as a self-insurer for the same coverages and the same amount of insurance as would Landlord’s insurer if Landlord maintained the insurance described in this Article.
Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by (i) blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, provided that (a) such insurance specifically references the Building (which may be satisfied with a “per location” endorsement), and (b) such insurance shall guaranty a minimum limit available for the Building equal to the limits of liability required under this Lease; or (ii) by Landlord or any affiliate of Landlord under a program of self-insurance, provided that Landlord maintains (either internally or through a third-party administrator) a self-insurance program that maintains sufficient reserves on its balance sheet committed to its self-insurance program liabilities. In either event, Operating Expenses shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building.
Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Landlord’s Operating Expenses shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building. Any amount of self-insurance shall be deemed to be “insurance” for all purposes of this Lease including the waiver in Section 13.13 below and the provisions of Article XIV.
Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by a commercially reasonable program of self-insurance maintained by Boston Properties Limited Partnership and/or Boston Properties, Inc. (or by any successor landlord) through a captive insurance company authorized and regulated by a state government of one of the United States or by the government of the captive’s domicile, and in such event Operating Expenses shall include the portion of the reasonable cost of blanket insurance that is equitably allocable to the Building. In addition, with respect to self-insurance:
(i) the cost of such self insurance included in Operating Expenses shall not exceed the cost that Landlord would have incurred to purchase from an insurance company the insurance coverage provided by such self insurance;
(ii) the cost to repair any damage covered by such self-insurance shall not be included in Operating Expenses except for an amount equal to a commercially reasonable deductible under a third-party policy; and
(iii) the provisions of Section 5.8 hereof shall operate to release Tenant from liability for any loss or damage covered by such self-insurance if and to the extent that such self-insurance replaces insurance which Landlord would otherwise have been required to maintain under this Lease but for Landlord’s decision to self-insure such risk.
Blanket and self-insurance. For so long as Boston Properties Limited Partnership or any affiliate or subsidiary thereof is the Landlord under this Lease, any or all of Landlord's insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Landlord's Operating Expenses shall include the portion of the reasonable costs of blanket insurance that is allocated to the Building. For all purposes of this Lease, including without limitation 8.13, with respect to any amounts that Landlord does self-insure, Landlord shall be deemed to have purchased third-party casualty insurance coverage to the extent required under Section 8.12(a) above, and if Landlord elects to self-insure, (x) Landlord, as the insurer and insured, agrees to waive any and all rights of recovery against Tenant for loss of, or damage to, the Building, or any of Landlord's property or the property of others claiming by, through or under Landlord (even if caused by the negligent act or omission of any Tenant Party) to the extent such loss or damage would have been covered by insurance required under Section 8.12(a) above, and (y) Landlord shall within thirty (30) days after demand from Tenant from time to time pay to or on behalf of Tenant all losses, costs, claims, expenses, and damages self-insured by Landlord to the extent (A) Landlord would have been responsible for the same under this Lease and (B) the same would have been covered by Landlord's insurance required under Section 8.12(a) above, subject to the limitations and waivers contained in Section 8.13 and 9.3 below. Landlord's obligations as a self-insurer shall survive the expiration or earlier termination of this Lease.
Blanket and self-insurance. All insurance described in Sections 13.01 and 13.0.4 may be obtained by Tenant by endorsement or equivalent means under its blanket insurance policies, provided that such blanket policies fulfill the requirements specified herein. With respect to the insurance described in Section 13.04 the deductible or self-insured retention limits shall not exceed Two Hundred Fifty Thousand Dollars ($250,000) (to be increased on the fifth (5th) anniversary of the Commencement Date and every subsequent fifth (5th) anniversary thereof, by an amount proportionate to the percentage increase in the GDP Deflator over the preceding five (5) year period) or such lesser amount as is then applicable to a majority of the other properties covered under Tenant's company wide insurance program. As to all insurance described in Section 13.01, deductible limits or self-insured retentions shall not exceed Fifty Thousand Dollars ($50,000) (to be increased on the fifth (5th) anniversary of the Commencement Date and every subsequent fifth (5th) anniversary thereof, by an amount proportionate to the percentage increase in the GDP Deflator over the preceding five (5) year period) or, with respect to "high hazard classification" (as such term is customarily understood in the insurance industry), such other amount as may then be required by responsible insurance companies for similar properties and risks.
Blanket and self-insurance. Any or all of Landlord’s insurance may be provided by blanket coverage maintained by Landlord or any affiliate of Landlord under its insurance program for its portfolio of properties, or by Landlord or any affiliate of Landlord under a program of self-insurance, and in such event Landlord’s Operating Expenses shall include the portion of the reasonable cost of blanket insurance or self-insurance that is allocated to the Building. Any deductibles and any such self-insured retentions shall be deemed to be “insurance” for purposes of the waiver in Section 8.13 below.
